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Revenue Forecast by Market Segment .ng

Revenue Forecast by Market Segment

Report Description:  The Revenue Forecast by Market Segment report offers a forward-looking overview of revenue and occupancy data categorized by market segments for specific dates, aiding property managers in revenue planning and segmentation strategies, providing insights into stays, revenue, ADR, occupancy contribution, and RevPAR contribution by market segment.

Date Range: The report will render the data for up to 365 days in the future

Available Report Columns for Following Sections:

Column Name

Column Description

Amount Includes Taxes and Fees

Calculation

Date

The date for which the forecast is provided

Not Applicable

Not Applicable

Day of Week

The day of the week corresponding to the date

Not Applicable

Not Applicable

Market Segment Name

The name of the market segment for which the forecast is generated

Not Applicable

Not Applicable

Market Segment Code

The code of the market segment for which the forecast is generated

Not Applicable

Not Applicable

Stays

The forecasted number of stays or reservations associated with the market segment on the given date

Not Applicable

=sum(forecasted number of stays)

Adult

Number of adult guests associated with the reservation

Not Applicable

=sum(adults)

Children

Number of child guests associated with the reservation

Not Applicable

=sum(children)

Total Guests

Total guests associated with the reservation

Not Applicable

=sum(adults) + (children)

Revenue

The forecasted revenue expected for the specified market segment

NO

=sum(market segment revenue)

ADR

The forecasted average revenue generated per occupied room for the market segment

NO

ADR = (revenue / occupied rooms)

Occupancy Contribution

The contribution of the market segment to the overall occupancy percentage forecast

Not Applicable

occupancy contribution = (stays) / (inventory - OOO)

RevPAR Contribution

The contribution of the market segment to the overall revenue per available room forecast

NO

RevPAR contribution = (revenue / total hotel inventory)

Total Rooms

Total number of rooms

 

Total rooms does not consider OOO for the day

Not Applicable

=sum(total inventory)

Misc Report Information:

Available Features:

  • Export:  ability to download and save the file into an alternate format.

  • Filter:  filter a range of data based on criteria defined by the user.

  • Highlight:  also known as conditional formatting is the ability to highlight certain values making them easier to identify.

  • Bar Graph:  ability to view Revenue, Stays, Adults, Children, Total Guests, Total Rooms data in a bar chart.

  • Grouping:  ability to view the data grouped by:  All, Market Segment Name, Day of Week

  • Pie Chart:  ability to view grouped data in a Pie Chart view.

Available Configuration:

  • User Preferences:  allows the user to customize their report view by repositioning or removing columns.

  • Property Preferences:  allows the property to customize the report view for all users by repositioning or removing columns. 

  Baseline Configuration:

  • Property Preferences Settings:

    • Following columns to be disabled for initial deployment:

      • Not Applicable

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